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Dangote Swaps Luxury for Factory Floor in Industrial Push

Dangote industrialization strategy replaces luxury lifestyle with large-scale factories, cement plants and a refinery aimed at boosting local production.
News

FCCPC Flags Airline Price Manipulation During Festive Peak

FCCPC interim review finds airline price manipulation during festive peak and considers enforcement under competition law.
Business

FG Threatens to Blacklist Banks Over N200 Billion USSD Debt

KEY POINTS FG will blacklist 18 banks on the principal of N200 billion USSD...
Business

Senate Increases Windfall Tax on Banks to 70%

Nigerian Senate raises windfall tax on banks' foreign exchange gains to 70%, targeting redistribution of government-driven profits.
News

Banks’ Weekly Borrowing from CBN Soars to ₦5.38 Trillion Amid Liquidity Crunch

Nigerian banks' weekly borrowing from the CBN has surged to ₦5.38 trillion, reflecting increased liquidity demand and economic challenges.
Business

GTCO Plans $750mn Rights Issue to Meet Capital Requirements

Nigeria’s Guaranty Trust Bank (GTCO) is gearing up to raise $750 million through a...
News

Nigerian Banks in Ghana Work to Resolve FX Trading Ban

Nigerian banks operating in Ghana are working with the Bank of Ghana (BoG) to...
News

Nigerian Banks Attract Record Deposits Amid Naira Crisis

Nigeria's major banks have seen a surge in customer deposits in the first nine...
News

CBN Mandates BVN, NIN Linking, Anticipates Customer Rush

CBN’s new BVN/NIN policy expected to cause a surge in bank and NIMC office visits across Nigeria.

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Business

Dangote Swaps Luxury for Factory Floor in Industrial Push

Dangote industrialization strategy replaces luxury lifestyle with large-scale factories, cement plants and a refinery aimed at boosting local production.
News

FCCPC Flags Airline Price Manipulation During Festive Peak

FCCPC interim review finds airline price manipulation during festive peak and considers enforcement under competition law.
News

Tinubu Extends Shea Nut Export Ban to Spur Local Processing

Tinubu extends Shea nut export ban to 2027 to boost local processing as prices fall and traders report market disruption.
News

Nigeria Sets New 2027 Election Dates as INEC Revises Timetable

KEY POINTS INEC fixed Jan 16, 2027 for presidential and national assembly elections and...

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